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tv   CBS Morning News  CBS  December 14, 2009 4:30am-5:00am EST

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under pressure. president obama demands the nation's top financial executives do nor help the economy. >> i did not run for office to be helping out a bunch of fat cat bankers on wall street. stranded. the difficult search for two climbers missing on oregon's mt. hood. and more trouble for tiger woods. as a big sponsor pulls the plug. this is the thbs "morning news" for monday, december 134th, this is the thbs "morning news" for monday, december 134th, 2009. captioning funded by cbs thanks for joining us. i'm michelle gielan. president obama meets this morning with the nation's top bankers. there's likely to be some contentious exchanges as mr. obama presses the financial
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executives to get behind the wall streetover hall. the bankers say they're behind the changes but have different ideas on how to make it worg. whit johnson has details. whit, good morning. >> reporter: good morning. the banks have launched an all out assault on capitol hill to try to break down some of the new proposed regulations. today president obama is expected fight back telling the banks it's time for them to start doing their part to stimulate the economy. president obama is expected to come down hard on the nation's biggest banks today. >> i did not run for office to be helping out a bunch of fat cat bankers on wall street. >> reporter: in an interview with cbs' "60 minutes," he blasted gnome paying back government loans so they could dish out tens of millions in bonuses. >> you're drawing down $10 million, $20 million bonuses of a america went through the worst economic year it's gone through in decades is this and you guys caused the problem? >> reporter: the president will
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push the heads of 12 banks, including citigroup, jp more gab chase and bank of america, to change their ways. he wants them to loosen credit and boost lending for millions of americans who rescued the companies and are now dealing with the 10% up employment eight. >> he's going to have a serious talk with the bankers. the country did incredible things for the banking industry. >> reporter: the banks say they support many of the president's new proposals, but they're also willing to fight the ones they're against. specifically a new consumer protection agency. republicans say it's tougher government oversight that's scaring off lenders. >> i hope that the discussion centers on what seems to be a real overreaction, if you will, on the part of some auditors in the regulatory arena. >> reporter: but the president insists some companies still haven't learned their lesson and that tighter rules are needed to prevent another financial meltdown. and banks say they, too, want to prevent another recession and
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that's part of the reason why they're concerned about lose thing up their lending practices. michelle? >> whit skon son in washington. whirt, thanks. president obama says he'll sign a $1.1 trillion spending bill approved by the senate. the bill passed yesterday by a vote of 57-35. the measure pays for half of all federal spending, including medicare, medicaid and veterans programs. the final appropriations bill for the 2010 budget year is for defense, a $626 billion measure. in afghanistan this morning, 16 policemen were killed in a pair of attacks by militants. and chiefs of staff admiral mike mull will not i haved for a series much meetings. president obama says he'll know if his new afghanistan strategy is work by the end of next year. the president has committed 30,000 more american troops to the afghan war. he told "60 minutes" steve kroft if the strategy does not work, he'll change course. the president said nothing is set in stone, including his
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plans to begin withdrawing troops by july of 2011. >> we then start transitioning into a drawdown phase. how many u.s. tloops are coming out, how quickly, will be determined by conditions on the ground. >> the first contingent of troops to be deployed under the president's new order arrives this week. those five americans being held in pakistan on suspicion of terrorism are staying put. this morning a pakistani court ruled that the suspects cannot be deported until their case is review reviewed. the ruling was issued in pops spoke a petition by a civil rights group. the men were picked up last week, but have not been charged. heavy clouds and the fear of avalanches are hampering the search for two missing climbers on oregon's mt. hood. the boat of a third climber was found over the weekend. our portland station has more. >> reporter: as the helicopters whoever over mt. hood, somewhere on the mountain are two local
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chimers who family and friends pray will be found alive. >> it's just you're touching people's lives. >> reporter: saturday brought a heart breaking end for 26-year-old luke goldburg's loved ones. searchers found the man's body around 10:00 a.m. luke goldberg, 29-year-old portland residents katie nolan, and 24-year-old long view recent department anthony vietti, set off to summit mt. hood at 1:00 a.m. on friday and were expected to return that same day. but the ground search has now been called off due to avalanche danger. in addition to the helicopters, the sheriff's department says the civil air patrol also used its and he were for thermal imaging. chaplain simon says the climbers were long time friends anthony and luke meeting as counselors as a christian camp and he says katie has traveled the world doing missionary work and here locally works to rescue girls and young women from the sex
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trade. husband ton's newly elected mayor says getting voted into office is a historic change for the city's gay and lesbian community. parker is the first openly gay person to be elected mayor of houston. she won a hotly contested runoff election with over 53% of the vote over the weekend. she takes charge of the fourth largest city in the u.s. on january 1st. just ahead on the "morning news," sponsor trouble for tiger woods. plus, a bloody blow. italy's prime minister recovering from a sneak attack. first katie couric has a preview of tonight's "cbs evening news." >> morning 1.5 million teenagers run away or are kicked out of their homes every single year. they flee one set of problem, but soon find others. tonight, an inside look at the runaway crisis and what's being done about it. only on the "cbs evening news." ...and i smoked for 29 years. the one thing about smoking - is it dominates your life, and it dominated mine. i honestly loved smoking,
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and i honestly didn't think i would ever quit. it was very interesting that you could smoke on the first week. (announcer) chantix is a non-nicotine pill. in studies, 44% of chantix users were quit during weeks 9 to 12 of treatment, compared to 18% on sugar pill. it is proven to reduce the urge to smoke. i did have an unopen pack of cigarettes in my purse and i said, "what the heck, i don't need these..." ...i said, you know, "bye, i don't need you anymore, you're not my crutch, i don't need a crutch." (announcer) talk to your doctor about chantix and a support plan that's right for you. some people have had changes in behavior, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice agitation, hostility, depression or changes in behavior, thinking or mood that are not typical for you, or if you develop suicidal thoughts or actions, stop taking chantix and call your doctor right away. talk to your doctor about any history of depression or other mental health problems, which can get worse while taking chantix.
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some people can have allergic or serious skin reactions to chantix, some of which can be life threatening. if you notice swelling of face, mouth, throat or a rash stop taking chantix and see your doctor right away. tell your doctor which medicines you are taking as they may work differently when you quit smoking. chantix dosing may be different if you have kidney problems. the most common side effect is nausea. patients also reported trouble sleeping and vivid, unusual or strange dreams. until you know how chantix may affect you, use caution when driving or operating machinery. chantix should not be taken with other quit smoking products. with the chantix and with the support system, it worked. it worked for me. (announcer) talk to your doctor to find out if prescription chantix is right for you. golfer tiger woods' pocketbook took a big hit.
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accenture, the skulting firm, ended itd six year relationship with woods, the first major sponsor to drop him. woods' agent says he's disappointed by the announcement. ak september chur says woods is no longer the right representative considering the circumstances of the last two weeks. accusations of infidelity are taking a toll. accenture's decision comes after gillette says it's distancing its from wooding. at&t says it's evaluating its relationship with the world's top golfer. >> got line is from now on, everybody reevaluates tiger in an entirely different way. >> woods has announced he's taking an indefinite break from golf to repair his marriage. on the cbs "moneywatch," most asian shares gained ground this morning. emily smith is here in new york with that and more. good morning. >> reporter: yep, asian markets rebounded from earlies wills after dubai announced it's getting $10 billion in emergency funds to cover its massive debts. the hang seng gained a fraction while the nikkei lost a fraction.
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wall street begins a new week after finishing mostly higher friday, the dow climbed 65 points while the nasdaq was mostly up changed. toyota says it will start selling new plug-in hybrid vehicles to consumers in 2011 at what it calls an affordable price. the coma the announcement this morning in tokyo. the cars are currently available only to governments and businesses. the new plug-this cars travel about 15 miles on a single charge and get the equivalent of 135 miles a gallon. the federal reserve meets this week to talk about interest rates. policy makers are expected to acknowledge a pickup in the economy without scaring investors in to believing interest rate hikes are coming. wall street is betting the fed will keep the rates near record lows for an stepded period. the senate banking committee is expected to approve recommending ben bernanke this week for a second term at the helm of the federal reserve. bernanke faced a tough confirmation hearing earlier this month when some lawmakers were critical of his handling of
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the financial meltdown. clearing the full senate could prove challenging. at least three said they plan to place a hold on his confirmation vote. and you may want to avoid the post office today. it's expected to be the busiest mailing day of the year. 830 million pieces of mail are expected to enter the system. that's 245 million more than on a regular day. to avoid the longest line, try to stay away during peak times like morning, lunch hour and end of the day. >> good advice. emily, thanks. italy's prime minister spent the night in a hospital for observation.controversial italian leader was attacked yesterday and hit in the face with a metal object. alan pizzey reports. >> reporter: he was basking in the aftermath of a rousing speech and signing automatic graphs when a man hit the italian prime minister in the mouth with a miniature statue of the came these dralg. the 73-year-old billionaire was
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immediately hustled in to the back of his official car bleeding from his mouth. but within seconds, he was back out again. apparently to show he could take yet another assault on his person and dignity. bodyguards shoved him back this to the car and rushed him to hospital where a ct scan showed a small nose fracture, two broken teeth and minor lip injuries. a 42-year-old man was taken into custody. he had approached to us say hello, he says, when this scoundrel threw some object made of iron and struck him right here in the face. the attack was the latest in a string of protests. last weekend, tens of thousandses marched in rome to demand he resign. he has been accused of massive conflict of interest and of tayloring laws to protect him from prosecution in cases involving his media, real estate and sports empire. in what some italians see as a gloss on high school image and others as a disgrace, various sex scandals involving call girls and wild parties have been
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splashed across the italian and enter nags ald media. his wife, a former actress, is suing him for divorce over what she called his in-fat chewation with young women. the man who styles himself the knight denies paying for sex and blames his legal woes on prosecutors he claims are on the side of his left wing opponents. when or thought the attack was political was not clear. alan pizzey, cbs news, rome. straight ahead, your monday morning weather. and in sports, a scoring degree for all on sunday night football.
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including the eight hours you spend with your eyes closed. prilosec otc. heartburn gone. power on. here's a look at the weather in some cities around the country. new york, partly cloudy, 46. miami, 85. chicago, cloudy, 26. denver, 28. los angeles, sunny and 63 degrees. time how for a check on the national forecast. the latest satellite picture shows that a good portion of the nation is waking to a cloudy monday morning. and in southern florida, it's delightfully warm. later today, while florida stays sunny, a good portion of the south will be gray and soggy. skies will also be cloudy across the midwest. a dusting of snow is expected. it will be blustery and bit 2erly cold across dat company takes and montana. afternoon temperatures will not get above zero. the southwest will be dry and cool and showers will be
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increasing along the northwest coastline. in sports, philadelphia now holds first place in the nfc east. the eagles desean jackson caught a pass from mcnabb and turned it in to a 60-yard touchdown to finish off the giants last night. the final, philadelphia over new york 45-38. the colts' peyton manning passed for three touchdowns against denver for a 28-16 victory over the broncos. so indianapolis remains undefeated with 13 whips this season and wrapped up home field advantage throughout the playoffs. and nornsz also won its 13th game as drew brees passed for three touchdowns against atlanta. the unbeaten saints edged the falcons 26-23 inching a first round by in the playoffs and moved one step closer to home field advantage in the playoffs. and an upset in college basketball as temple's juan fernandez had a career-high 33 poinkts against third ranked villanova and the owls knocked
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off the wildcats 75-65. when we return, we'll take another look at this morning's top stories. and a bonus backlash. the uproar in britain over a hefty tax on a corporate perk. at the first sign of a cold... ( sneezing ) i didn't take zicam cold remedy... but i did. zicam reduces the duration of a cold. ( sneezing ) no, no, no, no, no, no, no, no... can you do it by 3:00 ? yes, i can. how about 2:00 ? hmm... ( sneezing ) ( moaning ) get over your cold faster. now try new throat-soothing liqui-loz and great-tasting zavors. pop-tarts®, please! ♪
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here eve a look at today's weather. it will be windy and bitterly cold across the dakotas and monday tan that. temperatures will not get above zero during the day. it will be wet along the northwest coast. more rain is likely tomorrow. here's another look at this morning's top stories. the search for two missing climbers on oregon's mt. hood may resume this morning. heavy clouds and threat of avalanches forced rescue crews to suspend efforts last yesterday. the body of a third climber was discovered saturday. and president obama meets with the nation's top bankers at
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the white house this morning. he'll ask them to support his initiatives to reform wall street. after the financial crisis and government bailouts, bankers are not very popular here in the u.s. nor in europe. restrictions on executive pay at american companies are being followed by a big tax on bonuses in pretty continue. sheila macvicar reports. >> reporter: when britain's chancellor, the equivalent of u.s. settle of the treasury, stood in parliament, bankers knew they and their bonuses were in hess sights. >> there are some huangs who still believe their priority is to pay substantial bonuses. >> reporter: he announced a brand new 50% tax payable on bonuses over $40,000. a one time hit supposed to raise an estimated $890 million, a drop in the fiscal bucket next to britain's estimated national borrowing of $290 billion. >> it is a visceral, vicious,
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spiteful act because it suits the electorate because the electorate is angry about what's happened and i can't blame them. but in terms of balancing the books and getting the economy back on the road is a joke. >> it was pay back time -- >> reporter: just as in the u.s., britain had to bail out british banks to the tune of $1.3 trillion in total support. >> no government could conceivably allow bankers to hold off great big sacks full of cash when they've plane netted by the taxpayer. >> reporter: but the bonus claw back hits all bankers at all banks whether they were kept alive by the government or not. investment bankers are feeling so be seenlgted that one major bank has canceled its holiday party and even banned highly paid employees from holding their own. the word here is no conspicuous consumption. but the banks may delay bonus payments until after the tax is lifted or more accept pli offer future benefits rather than
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ready cash. and they have issued a warning. keep this up, and we'll go where the welcome is warmer. >> can individuals go anywhere smells yes, we have the power of travel of flight and we can do business wherever we wish to. >> reporter: the threat made many times before is that bankers will flee london, only this time cities like sick pore are closer to the fast growing economies of asia and income is taxed at a low, low 15%. sheila macvicar, cbs news, london. in state, a man turning his passion into a unique business. mark bordsson is the owner of the board son. he charges people to play board games with him for $2 an hour plus tax. he's collected horn 3,000 board games since the '80s from football card games to jenga. he says he's gotten a great response from people who tell him it's a great idea. this morning on "the early show," we'll have an update on the missing climbers on mt.
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hood. i'm michelle gielan and this is the cbs morning news. maybe this is one of the most important. new centrum ultra women's. a complete multivitamin for women. it has vitamin d which emerging science suggests... supports breast health... and more calcium for bone health. new centrum ultra women's. you can blow your nose but nothing comes out! because the real problem isn't always mucus. it's often swelling from inflammation. advil cold & sinus relieves swelling and sinus pressure. the right medicine for the real problem. advil cold & sinus
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ok, this time, i'm gonna do it. i'm going to actually go to school. tell me about some of the stuff you've had to deal with. i just dropped out completely. i just got caught up in it, the whole scene with the alcohol and the drugs. i was arrested. a lot of my friends were really concerned. especially my friend erin. you just have to find someone-- they don't have to tell you advice. they don't have to do that. they just listen. announcer: give your friends the boost they need to graduate. join us at boostup.org good morning. i'm andrea roane. it receive the most wonderful time of the year and one of the busiest if you are a postal worker. it is believed 800 million pieces of mail will be shipped today. traditionally people send off their holiday cards and
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packages today. in a live report see how postal workers prepare for the increase in mail. police say an inmate was found on sunday morning hanging from his bed. he was pronounced dead at the hospital. correctional officers have been checking on the inmate every half hour they believe it was a suicide. more fallout for tiger woods. global consulting an outsourcing firm is ending the six-year sponsorship with the pro golfer. they say woods is no longer the right representative after the circumstances of the last two weeks. here's howard bernstein. he has a dense fog advisory and more on the day's weather. >> until 9:00 a dense fog advisory. we are seeing it near bodies of water and down south. you can see the areas in yellow, not easton but salisbury and eastern shore you are in it and a lot of fog.
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over to dulles visibility is an 8th of a mile. temperatures the lower to mid- 30s in most areas. even a threat for freezing fog. >> freezing fog. >> yeah. when it is 32. >> sounds like a fog to me. >> when it is 32 and foggy it can cause slickness out there. 50 for the high today. >> speaking of the fog is where we want to begin. crossing the bridges is what you will come across. drivers are making their way in to georgetown. no incidents to report. 66 eastbound you are okay through manassas as we switch the camera shot over. show you drivers out here, maybe not. let's skip it. marylanders you are doing fine from the split to father hurley.
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in vienna, virginia -- virginia santa arrived early. there was no snow so she hitched a ride aboard a fire engine. he was there to provide joy for children of wounded warriors. armando trull reports. >> reporter: it's the signs of the times at most shops in the mall. lower than expected holiday sales means stores are slashing prices and interest charges and offering cash hoping to get lucky with customers and score big at the cash registers. >> we have been having a lot of promotions. two weekends ago we had a band come and play. >> it is working? >> yeah, it is. >> some say their spending pattens haven't changed. >> i'm not done yet. >> i'm spending for the hair and family. >> reporter: with high-end unemployment, poor income growth and higher credit card fees, most consumers are being savvy. >> part of that is seeing prices at the store, what
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clearance sales they maybe having and going back and checking on the internet. >> and careful of how much they spend. >> there are good sales so people should take advantage. >> it is just the economy and people are looking for a good bargain out there and retailers are responding to it. >> reporter: retailers hope this is the weekend that shoppers open their wallet, if not expect a lot more price cutting with just 11 days until christmas. armando trull for 9 news now and wusa9.com. from the first local station with news in high definition, this is 9 news now. good morning. i'm andrea roane. howard bernstein is here with weather. angie has traffic. we begin with howard and we need the sound effect of a fog horn. >> i'm not going to do it [ imitating fop horn ] >> northwest is having bett
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